Vai offline con l'app Player FM !
EP 199 - The Truth About Accelerated Depreciation & RE Professional Status w/ Tax Strategist Thomas Castelli
Manage episode 410011073 series 2994043
There are tax advantages for investing in real estate, but do you actually know how to leverage them for your benefit?
In this episode, Thomas Castelli, CPA, CFP, drops a ton of knowledge on how to maximize your tax savings as a real estate investor. He dives straight into the pros and cons of accelerated depreciation, the right time to do cost segregation studies, common misconceptions and mistakes investors make in their tax strategy.
Thomas provides tips for choosing the right CPA for your real estate business, tracking your business hours and taking advantage of your professional real estate status.
Don’t miss this opportunity to learn how to optimize your investments with expert advice from a tax strategist. Tune in now!
Topics discussed in this episode:
- The role of a tax strategist in real estate
- Misinformation around tax strategies
- How to properly vet a CPA
- Tax benefits of being a real estate professional
- Understanding accelerated depreciation
- When to NOT do cost segregation studies
- Common mistakes and how to avoid them
- Planning ahead for tax season
Connect with Thomas Castelli:
https://thomascastelli.com/links
https://twitter.com/thomascastellicpa
https://www.instagram.com/thomascastellicpa
https://www.linkedin.com/in/thomascastelli
https://www.tiktok.com/@thomascastellicpa
https://www.facebook.com/castellithomas
Check out the FREE Collecting Keys “Sub To Transactions” Master Class!
https://collectingkeys.com/subto
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/
Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
https://www.instagram.com/collectingkeyspodcast/
https://www.instantinvestorprogram.com/
https://www.instagram.com/mike_invests/
https://www.instagram.com/investormandan/
https://www.youtube.com/@collectingkeys
This episode was produced by Podcast Boutique https://www.podcastboutique.com
301 episodi
Manage episode 410011073 series 2994043
There are tax advantages for investing in real estate, but do you actually know how to leverage them for your benefit?
In this episode, Thomas Castelli, CPA, CFP, drops a ton of knowledge on how to maximize your tax savings as a real estate investor. He dives straight into the pros and cons of accelerated depreciation, the right time to do cost segregation studies, common misconceptions and mistakes investors make in their tax strategy.
Thomas provides tips for choosing the right CPA for your real estate business, tracking your business hours and taking advantage of your professional real estate status.
Don’t miss this opportunity to learn how to optimize your investments with expert advice from a tax strategist. Tune in now!
Topics discussed in this episode:
- The role of a tax strategist in real estate
- Misinformation around tax strategies
- How to properly vet a CPA
- Tax benefits of being a real estate professional
- Understanding accelerated depreciation
- When to NOT do cost segregation studies
- Common mistakes and how to avoid them
- Planning ahead for tax season
Connect with Thomas Castelli:
https://thomascastelli.com/links
https://twitter.com/thomascastellicpa
https://www.instagram.com/thomascastellicpa
https://www.linkedin.com/in/thomascastelli
https://www.tiktok.com/@thomascastellicpa
https://www.facebook.com/castellithomas
Check out the FREE Collecting Keys “Sub To Transactions” Master Class!
https://collectingkeys.com/subto
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/
Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
https://www.instagram.com/collectingkeyspodcast/
https://www.instantinvestorprogram.com/
https://www.instagram.com/mike_invests/
https://www.instagram.com/investormandan/
https://www.youtube.com/@collectingkeys
This episode was produced by Podcast Boutique https://www.podcastboutique.com
301 episodi
كل الحلقات
×Benvenuto su Player FM!
Player FM ricerca sul web podcast di alta qualità che tu possa goderti adesso. È la migliore app di podcast e funziona su Android, iPhone e web. Registrati per sincronizzare le iscrizioni su tutti i tuoi dispositivi.